Tornado Global Hydrovacs Ltd (TGH) — Tangible Net Worth Ratio
Tornado Global Hydrovacs Ltd (TGH) has a Tangible Net Worth Ratio of 58.3% as of September 2025. This metric is calculated by deducting intangible assets (CA$19.77 Million) from net assets (CA$47.38 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Tornado Global Hydrovacs Ltd book value and equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tornado Global Hydrovacs Ltd Tangible Net Worth Ratio (2014–2024)
This chart shows how Tornado Global Hydrovacs Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 58.3%, reflecting net assets of CA$47.38 Million with intangible assets of CA$19.77 Million CAD. Also explore TGH shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Tornado Global Hydrovacs Ltd (2014–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Tornado Global Hydrovacs Ltd from 2014 to 2024, covering 11 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see how much is Tornado Global Hydrovacs Ltd worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 95.5% | CA$36.31 Million | CA$1.63 Million | CA$65.27 Million | ▼ -0.5 pp |
| 2023 | 96.0% | CA$24.34 Million | CA$974.00K | CA$47.20 Million | ▲ +1.7 pp |
| 2022 | 94.3% | CA$16.04 Million | CA$918.00K | CA$40.51 Million | ▲ +5.6 pp |
| 2021 | 88.6% | CA$12.13 Million | CA$1.38 Million | CA$25.32 Million | ▼ 0.0 pp |
| 2020 | 88.7% | CA$14.83 Million | CA$1.68 Million | CA$27.63 Million | ▲ +3.6 pp |
| 2019 | 85.1% | CA$14.99 Million | CA$2.24 Million | CA$23.83 Million | ▲ +2.9 pp |
| 2018 | 82.1% | CA$16.95 Million | CA$3.03 Million | CA$25.09 Million | ▼ -2.0 pp |
| 2017 | 84.2% | CA$17.85 Million | CA$2.83 Million | CA$22.06 Million | ▲ +8.1 pp |
| 2016 | 76.0% | CA$13.36 Million | CA$3.20 Million | CA$19.54 Million | ▼ -19.6 pp |
| 2015 | 95.6% | CA$7.05 Million | CA$312.00K | CA$8.68 Million | ▼ -4.4 pp |
| 2014 | 100.0% | CA$6.64 Million | CA$0.00 | CA$16.33 Million | — |